(24-hour Dogecoin price trend)
Dogecoin (DOGE) Price Analysis
As of September 21, 2024, 5:00 AM, the current price of Dogecoin (DOGE) is $0.10522964750462. Within the past 24 hours, the trading volume for DOGE has amounted to $616,841,298.32409.
Over the last 24 hours, Dogecoin's price has experienced a decline of 0.83478703%. This movement signifies a slight downward trend for the cryptocurrency.
Key Metrics
- Circulating Supply: 146,039,216,383.71 DOGE
- Maximum Supply: N/A
- Total Supply: 146,039,216,383.71 DOGE
- Market Cap: $15,367,655,261.908
Current Price Dynamics
At the time of writing, Dogecoin's price is hovering around the $0.105 mark. A slight buying pressure is evident, potentially indicating a possibility for upward movement in the near term. However, traders should closely monitor market conditions for any unexpected shifts.
Long-Term Perspective
Analyzing Dogecoin's price action over a longer timeframe provides valuable insights. In the past month, the cryptocurrency has experienced significant volatility, alternating between gains and losses. However, it has managed to maintain a relatively stable price range between $0.09 and $0.12.
Conclusion
Dogecoin's price movements continue to be volatile, influenced by various market factors. While the current price has seen a slight decline, traders should remain cautious and conduct thorough technical and fundamental analysis before making any investment decisions.